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20121027
20121104
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Search Results 0 to 25 of about 26 (some duplicates have been removed)
to nearly 300,000 residents in west virginia. coming up, the obama administration takes credit for saving g.m. but nonunion workers at an ohio plant think they got a raw deal. now to the next to vote question. which of these bluest states is most likely to swing red? text sr1 to 36288 for michigan. sr2 for minnesota. sr3 for new mexico. sr4 for pennsylvania. results a little later. next up, a close look at the latino vote. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. actually... th way i could split my payments up into little bite-size chunks. i mean you feel me right? yeah. uh, sir... ah... [ male announcer ] shop now. and put it on layaway so you have more time to pay. walmart. [ metal rattling ] ♪ hello? boo! i am the ghost of meals past. when you don't use new pam, this is what you get. residue? i prefer food-based phantasm, food-tasm. poultry-geist works too if you used c
in europe. ford and gm reported better-than-expected profits this week as north american sales helped boost revenue while european demand dropped. gm is looking to save $500 million in the next couple years as it restructures in that region. the automaker says it has cut 2,300 jobs in europe and wants to cut 300 more. ford is also restructuring by eliminating 5,700 workers in the uk and europe. "europe has been on the brink for awhile now. but it doesn't seem to be really impacting u.s. sales and north america remains a very profitable wing for most of these automakers worldwide. so europe is slumping and slowly but surely automakers are starting to remove capacity from that region and that should help them deal with it in the long run." that was kelsey may of cars.com. ford and gm both expect to lose money in the eurozone. ford sees losses topping $1 billion. gm says it could lose as much as $1.8 billion. 18.5 million. that's the number of europeans who are currently unemployed. the region's jobless rate hit an all-time high in september of 11.6%. 146,000 people lost their jobs in the last
quarter in the u.s., and it lost money in europe. the bottom line for g.m. in the third quarter was stronger than ancipated. earnings per share totaled 93 cents, well above the 60 cents per shares expected. g.m. returned to profitability in south america and china profit jumped 10%. shares jumped 9.5% as volume tripled. g.m. hopes to stop losing money in europe by the middle of the decade. yesterday, ford told us it expects its european business to begin turning around in about a year. today, ford shares were also on the move after its strong earnings report during the market closure. ford rallied 8.2%. over $11 per share for the first time since may. some merger action in the clothes and fashion industry hit the tape with p.v.h. buying warnaco group, that's the company licensing calvin klein, speedo and other brands. warncstock shot up almost 39%. the dl tols $2.8 llion in cash and stock. the buyer, p.v.h., rose 20% as a big sign of market confidence in the deal. and u.s. vitamin maker schiff nutrition has agreed to be bought by bayer, pushing schiff stock up 46%. the five most
about the other day. >> some gm numbers are expected in about an hour. gm is expected to earn 60 cents a share on revenue of $35.7 billion. gm, don't they have loss -- i mean, if they can't make money at this point, they ought to be able to because i don't think they have to pay taxes again. that's another way we sort of don't get our money out of gm. now we'll be watching facebook. about 230 million shares held by ples became employees became eligible for sale on sunday. >>> equity trading will try to get back to normal today after superstorm sandy forced the new york stock exchange and the nasdaq to wait out the storm and stay close from the last two days. if investors areomin back today, they may be wondering whether there's going to be extra volatility. ira harris joins us right now from the cme group in chicago. what's the sense you get? i've actually been surprised by how orderly all of this has been to date. >> it has been orderly, but i think that's because we've been taking our reads off of the european markets, which have held up pretty well. better than well. and where we ar
president obama of allowing manufacturing jobs to be shipped overseas. the ad says under president obama, gm cut 15,000 jobs and planning to double the number of cars built in china. and the ad said chrysler also plans to start making jeeps in china. but a general motors spokesman told "the detroit free press," quote, we've clearly entered some parallel universe during these last few days. no amount of campaign politics at its cynical worst will diminish our record of creating jobs in the u.s. and repatriating profits back into this country. okay. >> willie, what do you think of cargate? >> cargate. they shouldn't lie. >> i think it's subjectively untrue. the ad. i think that pretty much ends it, right? it's false. no? >> what romney said on the stump was false. the ad is true. >> right. >> it's misleading, but it's true. >> explain what you mean. >> i'm sorry. what? >> production in the u.s. that exists. they're making jeeps in the u.s., selling them in the u.s. they're talking about making jeeps to sell in china in china. romney initially suggested on the stump, wrongly, that they were goi
and "the detroit news." obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. mitt romney will fight for every american job. >> i'm mitt romney, and i approve this message. >> despite chrysler's flat-out denial of romney's china claim, the romney campaign took his lie a step further today with this radio ad in toledo, ohio, which is home to a jeep plant. >> barack obama says he saved the auto industry, but for who? ohio or china? under president obama, gm cut 15,000 american jobs, but they're planning to double the number of cars built in china, which means 15,000 more jobs for china, and now comes word that chrysler plans to start making jeeps in, you guessed it, china. what happened to the promises made to autoworkers in toledo and throughout ohio? >> that provoked a general motors spokesman to release this statement "we've clearly entered some parallel universe during these last few days. no amount of campaign politics at its cynical worst will diminish our record of creating jobs in the u.s. and repatriating profits back t
're small elements. they're not moving big. the market is not getting hurt equitiwise. gm and ford coming out with great stuff. >> what does that tell you that the equity markets are kind of hanging in there? >> i think it probably argues it is not as difficult a negative as many feared. it probably suggests the economy is doing better than we might understand. >> what is the trade then today as everybody returns and things look pretty good. commodities are showing up across the board. oil getting a boost. gold getting a boost. everything is up? >> we hoped for a few hundred points down on the open to take ad advantage of it. we like to buy things cheaper. a lot of people are disappointed which can't get good deals. you have to use red ink as beneficiary. >> we love color from the traders on the floor. we see action return to the floor of the cme group in chicago today. the big news will be jobs report. adp on thursday but jobs report on friday. what would you say folks are expected or anticipating? >> i think views are pretty negative. surprise upside we could be a little more positive t
also have kay shiller coming in with home prices at the highest level since september 2010. ford and gm beat. in terms of pent-up demand, the vibe is higher. to your point on whether trading will resume normally, i talked to traders yesterday. they said it could be dipping your toe in the water meaning volume is light in the beginning to see how things actually go to make sure the connections are there. we'll see if it goes as well as they predicted. >> this is one of those days where i sure hope it goes well because we've had lots of smooth days where there's no power outages that turned into a fiasco. >> true enough. >> i want to keep fingers crossed. >> it's not just about what happens in this building. goldman sachs has generator moving on power. not every bank has every office open today. tough to get around the city right now. >> tough to get around the city. tough to get employees for many of these banks to where they need to be. a number of them -- many of them are working remotely. as you say, everybody is trying to be fully open for business. i have made a handful of calls thi
about that and gm today. nicole: the play-by-play, the best decision of all for everybody but we are talking about ford and gm, up arrows today and 6.5%, general motors trading upwards of 7% and both of these coming out. board yesterday and today general motors beat the street. they could see weakness in europe but this does not come as a surprise. the u.s. automakers are having a nice showing on this first day of trading. certainly a monumental opening after being closed for two days and many of these have no self service or internet service but nyse systems able to trade electronically and full force smooth opening for the new york stock exchange. when i talked with duncan neiderauer and he talked about electronic opening the truth is these big companies, goldman sachs and j. p. morgan would have to bring in someone somewhere even if we were trading electronically and just for keeping people lot of harm's way is what he meant when he talked about it being irresponsible to open any earlier than today. the pricing and trading done well but you need some human electronic trading w
going forward. just before the bell, we'll hear from gm, mastercard and mgm resorts, southern company, and waste management. >>> still to come, we'll continue our coverage of sandy. after the break, we'll get a forecast of some of the weather channel and we'll find out how it could impact the election as the president gets set to tour new jersey. bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. >>> you are watching "worldwide exchange" and these are your headlines. sandy leaves a massive path of devastation in its wake as r residents belong a long and costly recovery process. >>> barclays with two new investigations in
. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. >> political contributor john avalon is joining us from youngstown, ohio. john, i understand that, first of all, there has been some pushback from the auto industry execs over the ad. how is this playing out? >> suzanne, it is fascinating. the auto industry here is a political issue, it is a personal issue, it is a pocketbook issue. it is very much a central focus of the debate. we have spoken to senators on both democrat and republican sides of the aisle, senator rob portman and sherrod brown about this ad. take a listen. >> i say it is the most disingenuous ad i've ever seen. they know better. they know the auto rescue worked. they know that ohio reasons connected directly or indirectly to the auto rescue and they know that governor romney and my opponent's opposition to the auto rescue, they're trying to crowd the issue and it is pretty outrageous. >> it is their game to the extent it is reported in the media and that's all they have said, there is reports this could happ
jobs, gm is back, chrysler is the fastest-growing auto maker in the nation, what is their response? it is outrageous, their response. in the last hours of this campaign, they have become truly desperate. i came from ohio -- they are running an ad in ohio and the following -- this is the god's truth. the ad they are running says the following -- it says that barack obama bankrupting the automobile industry so that it could be sold to the italians -- i do not know they have against the italians -- sold to the italians so they could offshore to china. that is what they are saying -- i am not making this up. ladies and gentlemen, here is the cynical part. just imagine, your from the upper midwest, my state is delaware, which was one of the biggest automobile producing states in the country. after all those guys and families have been through, hard-working folks working their whole lives, through no fault of their own because of the policies of the last administration in the last year before got elected, 400,000 automobile jobs lost. here is what is more important -- 400,000 people drop
morning. >> good morning again. you know, no trading of gm or google today. stock markets are closed. the nasdaq and new york stock exchange will shut down because of this storm. the nyse hasn't been closed for weather since hurricane gloria in 1985. the bond market will close early today at noon eastern. some 284,000 homes are in the path of this huge storm. 87 billion dollars in home at risk because of storm surge alone. protecting all that property meant a rush for retailers this weekend, selling flashlights, flywood, food, water. now the retailers are shutting their doors in the northeast and mid-atlantic and insurance companies are preparing for the claims about to come. quick reminder about your homeowners insurance. you want to check, soledad. you want to check and see what your coverage is. make sure you slide all of your paperwork in a ziplock bag and keep that with you. next couple of days will be crucial. >> very smart to do that now when it's not an emergency yet and you're holed up at home anyway. let's get to newark new jersey mayor cory booker. he comes on our show a f
gm and chrysler into bankruptcy and sold chrysler to the italians who will build jeeps in china. mitt romney will fight for every american job. >> reporter: john kasich said the bailout impact on ohio has been overstated. >> when you take into account the companies and suppliers you're up 400 jobs. we didn't grow ohio's economy on just one industry. >> but his predecessor pushed back. >> i believe that the table was set by president obama and ohioans recognize that and i think that's why the president is going to win ohio. >> reporter: both campaigns in the wake of sandy have called off fundraising, emails and any fundraising events in any of the affected states. mitt romney's campaign put out word he spoke with the republican governors of states impacted on the storm,er name dropped chris christie and bob mcdonnell. the president will be in the situation room dealing with fema and that fallout. this is the october surprise but we don't know what it all means in eight days. savannah? >> chuck todd, thank you. joe scarborough and mika are hosts of "morning joe." >> one thing we do know
making this claim about jeep. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. >> reporter: campaigning in ohio with former president clinton, vice president biden blasted the ad as false. >> chrysler has fellow bliged to go public and say there is no truth to this. jeep has no intention of shifting production of its jeep models out of north america to china. >> reporter: and while mitt romney is technically not campaigning today, he's doing a storm relief event, savannah, in the state of ohio. >> all right. chuck, a lot of folks are asking us this morning, is there a possibility with these widespread power outages that could last days, if not weeks, is there a chance the election day itself could be delayed? >> reporter: it's very unlikely. look, the presidential election day is something that is set in the constitution. now, states run elections, and they can decide to postpone, if they wanted to, it's happened before. new york city, of course, postponed new york city elections on 9/11 on the day that it happened. they po
Search Results 0 to 25 of about 26 (some duplicates have been removed)

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